TSX/NYSE/PSE: MFC
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BOSTON, Oct. 3, 2019 /PRNewswire/ - John Hancock announced today it is expanding its
Apple Watch program to include the new Apple Watch Series 5.
Beginning this fall, customers can earn the watch through the John
Hancock Vitality Program for just $25, simply by being more active. The newest
version of the watch features an always-on retina display, an
updated compass, and international emergency calling, as well as
hard fall and electrical heart sensors.
"Today's announcement further cements our commitment to motivate
and inspire customers to both protect their financial futures and
live longer, healthier lives," said Brooks
Tingle, president and CEO of John Hancock Insurance. "The
Apple Watch has been an extremely popular and effective component
of our program as customers who use it report increased motivation
and physical activity, the bottom line in what we're trying to do
with our insurance. Healthier lives are not only good for our
customers and their families, but good for our business and society
as a whole."
In a recent survey of John Hancock Vitality members with Apple
Watch, 84 percent stated they are motivated to exercise by their
Apple Watch and 90 percent wear an Apple Watch seven days a week.
Furthermore, a RAND Europe study
of over 400,000 people, the world's largest behavior tech study
based on verified data, concluded that those who participated in
Vitality's Global Apple Watch programs averaged a 34 percent
sustained increase in physical activity compared to participants
without an Apple Watch.
With the John Hancock Vitality Apple Watch program,
policyholders can choose the Series 5 (40mm) or Series 3 (38mm),
pay a $25 initial fee (plus tax), and
get started. They can also customize their watch with features like
cellular or a larger face size for a one-time upgrade fee. Whether
they like to walk, run, bike or swim, it's easy for participants to
share their activities and earn points that go toward monthly
payments for their watch over a two-year period. John Hancock
Vitality members are able to fully fund their watch by meeting
monthly physical activity targets.
The John Hancock Vitality Program first launched in 2015.
Through the program, customers can earn savings of up to 15
percent* on premiums and valuable rewards for the everyday things
they do to stay healthy, like exercising, eating well and getting
regular checkups, including $600 in
annual savings on healthy food purchases. As an extension of John
Hancock Vitality, the Company first introduced the Apple Watch
program in 2016, offering policyholders the opportunity to earn an
Apple Watch to support their physical activity goals and earn
points.
For more information about John Hancock Vitality visit
JohnHancockInsurance.com.
About John Hancock and
Manulife
John Hancock
is a unit of Manulife Financial Corporation, a leading
international financial services group that helps people make their
decisions easier and lives better. We operate primarily as
John Hancock in the United States and Manulife elsewhere. We
provide financial advice, insurance and wealth and asset management
solutions for individuals, groups and institutions. Assets
under management and administration by Manulife and its
subsidiaries were over CAD $1.1
trillion (US$877 billion) as
of June 30, 2019. Manulife Financial
Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945
on the SEHK. Additional information about Manulife can be found at
manulife.com.
One of the largest life insurers in the United States, John Hancock supports approximately 10 million
Americans with a broad range of financial products, including life
insurance, annuities, investments, 401(k) plans, and college
savings plans. Additional information about John Hancock may be found at
johnhancock.com.
Apple Watch program is not available in New York or Puerto
Rico. Apple Watches ordered through John Hancock Vitality
may not be shipped to addresses in Guam. Once you become a Vitality PLUS member
and complete the Vitality Health Review (VHR), you can order Apple
Watch by electronically signing, at checkout, a Retail Installment
Agreement with the Vitality Group, for the retail price of the
watch. After an initial payment of $25 plus tax, over the next two years, monthly
out of pocket payments are based on the number of Standard Workouts
(10,000 to 14,999 steps) and Advanced Workouts (15,000 steps) or
the applicable Active Calorie thresholds. The step counts required
for Standard and Advanced Workouts are reduced for members
beginning at age 71+. One-time upgrade fees plus taxes apply if you
choose (GPS + Cellular) versions of Apple Watch, larger watch case
sizes, certain bands and case materials. For more information,
please visit www.JohnHancockInsurance.com. Apple is not a
participant in or sponsor of this promotion. Apple Watch is a
registered trademark of Apple Inc. All rights reserved.
Insurance policies and/or associated riders and features may not
be available in all states.
*Premium savings are only available with Vitality PLUS and are
in comparison to the same John
Hancock policy without the Vitality
program. Premium savings over the life of the policy
will vary based upon policy type, the terms of the policy, and the
level of the insured's participation in the John Hancock Vitality
program.
HealthyFood savings are based on qualifying purchases and may
vary based on the terms of the John Hancock Vitality program.
Vitality is the provider of the John Hancock Vitality Program in
connection with policies issued by John
Hancock. Rewards may vary based on the type of insurance
policy purchased for the insured (Vitality Program Member). John
Hancock Vitality Program rewards and discounts are only available
to the person insured under the eligible life insurance policy, are
subject to change and are not guaranteed to remain the same for the
life of the policy.
MLINY100219017
Insurance products are issued by: John Hancock Life Insurance
Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance
Company of New York, Valhalla, NY 10595.
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SOURCE John Hancock Insurance